Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    100 W 28Th Ave Pampa, TX 79065

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    NNN leased Take 5 Oil Change in Pampa, Texas.

    Property size:
    1,392 SF
    Lot size:
    0.18 Acres

    Property Features for 100 W 28Th Ave

    General Information

    Size
    1,392 SF
    Lot size
    0.18 Acres

    We can help!

    Listing Contact
    Glen Kunofsky
    Glen Kunofsky
    Source: Moodyscre

    Listing Agency: NNN Pro Group Listing Agent: Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Take 5 Oil Change Investment

    This property features a Take 5 Oil Change situated at the southeast corner of Perryton Parkway and East 28th Avenue in Pampa, Texas. The building encompasses approximately 1,392 square feet and is positioned on an estimated 0.33-acre parcel. Subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow, the property generates a current annual rent of $100,000. The lease includes scheduled rental increases of 1.50% annually, beginning in the second year, and continuing through each of the four, 5-year renewal options. The lease is corporately guaranteed by Driven Funding Holdco, LLC, which operates over 3,500 units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Take 5 Oil ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Take 5 Oil Change, Jaron Technologies LLC, Walmart Auto Care Centers, Delete Dents Auto Body Repair & Paintless Dent Removal, Toot'n Totum Car Care Center (Perryton Pkwy)

    Location Insight

    • Map
    • Local Demand
    City
    Pampa
    County
    Gray
    State
    Texas
    Longitude
    -100.964453
    Latitude
    35.568958

    Nearby Similar for Sale

    • $250,000
      9,750 SF

      Pampa Commercial Property with Warehouse

      Versatile commercial space with retail frontage and warehouse.
      315 S Cuyler St, Pampa, TX 79065
      View Details
    • New
      $225,000
      2,880 SF

      Pampa, TX Mechanic Shop

      Fully equipped mechanic shop with prime highway frontage.
      720 W Brown St, Pampa, TX 79065
      View Details
    • $150,000
      6,043 SF

      Highway Frontage Commercial Building

      Spacious building with highway frontage and storage area.
      208 E Brown St, Pampa, TX 79065
      View Details
    • $150,000
      2,800 SF

      Highway 60 Commercial Opportunity

      Versatile commercial property on Highway 60 in Pampa, Texas.
      600 E Frederic Ave, Pampa, TX 79065
      View Details
    • $325,000
      7.25 Acres

      Pampa, TX Commercial Opportunity

      Commercial property on 7.25 acres outside Pampa, Texas.
      1445 S Barnes St, Pampa, TX 79065
      View Details
    • $150,000
      5,207 SF

      Highway Frontage Business Opportunity

      Spacious building with display cases, vault, and shop area.
      208 E Brown St, Pampa, TX 79065
      View Details
    • $250,000
      9,750 SF

      Pampa Commercial Opportunity

      Expansive commercial property with retail frontage and warehouse space.
      315 S Cuyler St, Pampa, TX 79065
      View Details
    • $250,000
      3,500 SF

      Income-Producing Commercial Building in Pampa

      Versatile commercial building with two leased suites, ideal for investors.
      118 E Browning Ave, Pampa, TX 79065
      View Details
    • $175,000
      12,660 SF

      Commercial Property with Highway Frontage

      Prime commercial property with highway frontage in Pampa, Texas.
      329 N Hobart St, Pampa, TX 79065
      View Details
    • New
      $245,000
      6,000 SF

      Pampa, TX Acreage with Shop

      8-acre tract with 6,000 Sq Ft Barn/Shop near HWY 70.
      11911 W Mccullough St, Pampa, TX 79065
      View Details
    • $425,000
      4,347 SF

      Versatile Property with Shop and Residence

      5 acres with shop, office, residence, and RV parking.
      12055 E Frederic Ave, Pampa, TX 79065
      View Details
    • $335,000
      1,703 SF

      Pampa, TX Commercial Property

      Commercial property available for sale in Pampa, Texas.
      1835 N Hobart St, Pampa, TX 79065
      View Details

    FAQs

    What type of property is this?
    Auto shop - NNN leased Take 5 Oil Change in Pampa, Texas.
    Where is this auto shop located?
    The property is located at 100 W 28Th Ave Pampa, TX.
    What are key features of this property?
    This property features: - Long-Term, 20-Year Absolute Triple Net (NNN) Sale-Leaseback; - Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units); - Attractive Rental Increases | 1.50% Annually Starting Year 2
    (332) 345-4222 Call to check price and availability
    Request Owner's contact information
    100 W 28Th Ave Pampa, TX 79065
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 W 28Th Ave
    Pampa, TX 79065
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 W 28Th Ave Pampa, TX 79065
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Glen Kunofsky
    Glen Kunofsky
    Real Estate License ID: 49KU1129178
    (332) 345-4222 (603) 570-2699 (603) 781-6546
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!